by Stephen Griffin | Nov 14, 2023 | Individual Accounting, Tax Accounting, Uncategorized
The IRS just announced the new brackets for 2024—boosting paychecks and lowering income taxes for many Americans. (1) For those who don’t know, the IRS adjusts the tax brackets annually to avoid so-called “bracket creep”—or when inflation forces taxpayers into a...
by Jessica Benjamin | Aug 2, 2023 | Individual Accounting, Tax Accounting, Uncategorized
As we head into the peak of hurricane season, taxes are most likely not your highest priority. But, as with any potential disaster, it’s incredibly important for taxpayers to protect records and key documents—not only for your peace of mind but to aid in any recovery...
by Stephen Griffin | Apr 28, 2023 | Tax Accounting
Social Security is an important benefit for Americans—and yet, many do not fully understand the strategy that goes into managing Social Security income. The Harris Poll and the Nationwide Retirement Institute recently found that only 54% of Americans who are not...
by Stephen Griffin | Feb 27, 2023 | Tax Accounting
New Rules, Same Ways to Reduce Your Tax Bill With new and changing laws every year, it is increasingly easy for taxpayers to overlook deductions and credits that may reduce their tax liability. This year, we want to highlight the American Plan Rescue Act of 2021—which...
by Griffin & Furman | Oct 5, 2022 | Accounting for Business, Accounting for Credit Unions, Accounting for Local Government, Accounting for NonProfits, Accounting for State Retirement Systems, Tax Accounting
CPA Firm, Griffin & Furman, Expands Footprint in Louisiana Baton Rouge, Louisiana (October 6, 2022) – Griffin & Furman, LLC, certified public accounting firm, is expanding its footprint in Louisiana with the addition of a Baton Rouge office. Effective...
by Stephen Griffin | Aug 16, 2022 | Accounting for Business, Accounting for Credit Unions, Accounting for Local Government, Accounting for NonProfits, Accounting for Small Business, Tax Accounting
Two Promotions at Griffin & Furman! Thanks to their individual initiative, two of our team members have recently received promotions within Griffin & Furman. We strive to recognize leadership in our team members, and because of their enterprising spirits,...
by Jessica Benjamin | Aug 10, 2022 | Tax Accounting
Prepare Now for Next Year’s Tax Bill Reviewing your taxes should be an on-going habit to manage next year’s income tax liability and to discover any surprises. Looking over your taxes and finances in Summer generally still leaves you time to adjust and implement...
by Stephen Griffin | Jul 25, 2022 | Accounting for Business, Accounting for State Retirement Systems, Tax Accounting
What Is “Full Retirement Age”? “Full retirement age” was established at 65 years of age in the Social Security Act of 1935, but since 1935, our life expectancies have improved, the Social Security program has evolved, and “full retirement age” is now different for...
